PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment, Net

Property, plant and equipment, net consisted of the following:

	December 31, 2023		December 31, 2022
	(in millions)
Proved oil and natural gas properties	$	3,156	$	2,972
Unproved oil and natural gas properties	1		2
Facilities and other	280		254
Total property, plant and equipment	3,437		3,228
Accumulated depreciation, depletion and amortization	(667)		(442)
Total property, plant and equipment, net	$	2,770	$	2,786

Schedule of the Activity of Capitalized Exploratory Well Costs

The following table summarizes the activity of capitalized exploratory well costs:

	Year ended December 31,
(in millions)	2023		2022		2021
Beginning balance	$	1	$	1	$	3
Charged to expense	—		—		(2)
Ending balance	$	1	$	1	$	1